Establishes certain requirements for Medicare supplement policy premiums.

This New Jersey bill (A 3127) requires Medicare supplement insurance policies sold in the state to include two key provisions: (1) limiting premium increases to once per calendar year, and (2) allowing policyholders to pay their annual premium in advance. It directly affects Medicare supplement insurers and policyholders in New Jersey by setting these specific terms for premium adjustments and payment options. The bill also mandates that insurers file annual rates demonstrating compliance with state loss ratio standards, but the core policy changes focus on consumer protections regarding premium timing. These requirements apply to policies issued or renewed after the bill's effective date.